Economics PhD

Why study with us?

  • 160

    International experts shape world-class academic thought.

  • REF

    2014 confirmed that the Management School, has emerged rapidly to enter the high echelons of UK Schools of Business.

  • 90.4%

    of all our postgraduates are employed or in further study within 6 months of graduation (DLHE 2007).


The University of Liverpool Management School offers you the chance to explore your own ideas through our postgraduate research programmes. We provide a stimulating student experience combined with thought provoking advice from our academic staff and believe that postgraduate students are a vital part of the research environment of the School.

The Economics PhD programme of the University of Liverpool Management School has a long tradition of developing economists of the next generation. We warmly welcome applications in the following areas with selected sample topics: 

  • Development Economics. For example, Health and economic development; Development finance with a focus on rural livelihoods; Intra-household bargaining and time-use studies; Inquiries into gender and development, Sustainable development from the lens of food security and reproductive health; International political economy and economic development; War atrocities and cultural change.
  • Empirical Industrial Organization. In particular, Business dynamism and aggregate productivity growth; International shocks, variable mark-ups and domestic prices; Price adjustments. 
  • Game Theory. For example, Auction theory and mechanism design; Contest theory; Microeconomic theory of block chain; Epistemic game theory.
  • Labour and Sports Economics. In particular, Economics of football and Sports analytics.
  • Macroeconomics. For example, Financial innovation and money demand; Unemployment and inflation: theory and evidence. Financial frictions, misallocation and productivity; Consequences of the rise in intangible capital; Informal sector and/or tax evasion; Evaluation of macroeconomic policy; Economic growth and innovation; Innovation and intellectual property rights; Financial shocks and inflation dynamics: Theory and empirics; The housing market and optimal mortgage design; Heterogeneity in the banking sector and the pass-through of monetary policy.
  • Theoretical, Experimental and Behavioural Industrial Organization. For example, Economics of Big Data; Competition policy in digital economy; Strategic obfuscation; Behavioural economics and price competition; incomplete information and Price competition.
  • Econometrics. For example, Prediction with sparse time series models and penalisation methods; Variable selection in sparse models via random lasso methods; Continuous time financial modelling; Regime switching models for economics; Volatility modelling and forecasting; Structural stability testing; Modelling macro-/financial time series; Econometric estimation of continuous time volatility processes in finance; Trend detection/investment rules in high frequency data; Econometrics analysis including time series and panel

Our research interests

We particularly welcome research proposals that match those of our researchers, including:

  • Development Economics
  • Empirical Industrial Organization
  • Game Theory
  • Labour and Sports Economics
  • Macroeconomics
  • Theoretical, Experimental and Behavioural Industrial Organization
  • Econometrics.

Research themes

Our academic staff not only publish in leading scholarly journals but also conduct research programmes for companies and governments worldwide. From the distribution of pharmaceuticals in Africa, through the development of micro-enterprise in India, to the regeneration of Merseyside, our research projects address key issues affecting the world. As a postgraduate student, you can be involved. Our research focuses on growing enterprises, growing innovation and growing communities, around the world and most importantly, in our own region.


At your Management School Induction you will be shown the ‘Hot Desk’ working environment, exclusively for use by postgraduate research students.  As you progress through the programme, you will be allocated a space in a shared Postgraduate Student Office within the ULMS Doctoral Suite or Mulberry Court. 

ULMS has two dedicated computer suites located on the Ground floor of the building (Management School: Grove):

  • The McKenzie Trading Room offers 40 PCs with Bloomberg access.  Each PC has a dual monitor and a Bloomberg keyboard
  • The Grove Wing Computer Room has 28 PCs running the standard University of Liverpool Network. 
  • DataStream is available on one PC in the PGR Hot Desk Room, and on three PCs within the Grove Wing Computer Room.
  • Local printing/photocopying/scanning facilities.

Research groups

Research Clusters

  • Consumption and Experiential Marketing
  • Econometrics
  • History, Society and Institutions
  • International Business
  • People and Employment

Research Centres and Institutions

  • Centre for Entrepreneurship
  • Centre for Operations and Supply Chain
  • Heseltine Institute for Public Policy and Practice
  • Institute for Risk and Uncertainty

Knowledge Exchange

  • Development Research Initiative (DRIVE)
  • Liverpool Health Economics
  • Centre for Sports Business

Study options and fees

PhD Duration Home/EU Students International Students
Full time 2-4 years £4,407* (2020) £23,650* ^ (lab based programmes)
£18,000* (non Lab based programmes) (2020).
Part time 4-6 years £2,204* (2020) £11,825* (lab based programmes) £9,000* (non Lab based programmes) (2020)

*This fees excludes potential research support fees also known as ‘bench fees. You will be notified of any fee which may apply in your offer letter.

^Self funded full time international students studying a lab based programme will receive a £2,000 reduction in their fees for the first year only.

Entry requirements

Applications are welcomed from well qualified graduates who would typically hold a UK first degree or equivalent in the first or 2:1 class, or a 2:2 class degree plus a Masters degree, in a relevant subject.

We welcome applications from within the EU and around the world. You should ensure that your qualifications are equivalent to those required to study for this research degree. See our guidance on international qualifications.

You must also have reached a minimum standard of English and be able to provide evidence of this. See our English language requirements for international students.

Additional requirements

To apply for this research degree, you must have reached a minimum standard of English. You need to be able to provide evidence of this. See our English language requirements for international students for guidance on the different English language qualifications and evidence that you can provide. 

International qualifications

We welcome applications from within the EU and from around the world. You should ensure that your qualifications are equivalent to those which are required to study for this research degree.  See our guidance on international qualifications.

How to apply

Research degree applications can be made online.  Before you apply, we recommend that you identify a supervisor and develop a research proposal.  You'll also need to ensure that you have funding to cover all fees.

Applications are open all year round.

More about applying for research degrees

Apply online

Find a supervisor

Your supervisor is your main source of academic support and mentoring. You'll need to find a supervisor before you start your research degree. It's helpful to identify a supervisor and discuss your research proposal before you apply.

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